Bullboard - Stock Discussion Forum E3 Lithium Ltd V.ETL

Alternate Symbol(s): EEMMF

Metals & Mining Industrial Metals & Minerals

E3 Lithium Ltd. is a Canada-based lithium resource company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company’s Clearwater Project is located between Red Deer and Calgary in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions... see more

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E3 Lithium Ltd > My bet -- new CEO before new year.

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Post by My19sixyNineZ on Nov 02, 2023 10:38am

My bet -- new CEO before new year.

Surprised not one interviewer has ever asked the typical:

does current mgt plan to build this?

Chris said after seeing & releasing the in-house PFS before end of year, they'll be hiring around another 30 people to manage the process.

To me, a new CEO to build his Developmental team.

And all will be exceptional hires.

Of course current E3 stays on-board, just a welcomed shuffling.
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Comment by Wanderer1187 on Nov 02, 2023 2:31pm

Why in the world would he do that, and why wouldn't the current team with an incredible amount of experience simply build the thing? They've all got to stay long enough to vest their options anyway outside of Chris, and why would he possibly leave just when things would start to really pick up?

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Comment by My19sixyNineZ on Nov 02, 2023 2:39pm

No no...not leave. He has 3 titles. Frees him up to deal with the expanding back-end customers, etc.. Just like he said another new hiring in the past allowed him,,,,freed up his time. He can't oversee a plant/hydrox build & keep up the industry connections....I also said all top notch new hires to go with the current E3 team....pretty sure that includes Chris

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Comment by Wanderer1187 on Nov 02, 2023 2:45pm

I mean he's got a Chief Development Officer why not just make him do his job? For a startup with only 30 employees, Chairman of the Board and CEO isn't as difficult or a large difference in job requirements. I don't disagree he'll have to have someone run his staff and do etc. while he's drumming up business and financing. But hell, just hire a COO. I wouldn't give up the ...more

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Comment by My19sixyNineZ on Nov 02, 2023 2:54pm

April 2023: "Kevin will take on full oversight of the development of the Company's technical focus, allowing me to focus on continuing to build the Company." It's not staying @ 30 people now is 1 point. 2nd is a simple thought along the April hiring. 3rd, was random thought of optics to market with a known CEO of recognized experience. The CEO only moves according to ...more

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Comment by PuerSimia on Nov 02, 2023 2:58pm

I'm really enjoying all the naysayers. Nothing like a spike in the price to invoke the FOMO. Now the talk is about dilution and how far away actual production is. Loving every minute of it. Ya, doing real work takes real time naysayers. This honestly can't be a surprised to anyone. Chris has been up front from day one. Just to recap: - great risk free jurisdiction (don't ...more

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